Borkshire Litepaper

Trading & the Vault

Borks have two trading paths: OpenSea, where players list individual Borks at their chosen prices, and the BorkVault, where Borks trade in $BORK at quotes based on book value.

The marketplace

Browse and choose. Borkshire's marketplace view shows OpenSea listings and takes you to checkout.
Keep playing while listed. Your firm keeps its lineup, Power, and place in the round until the sale settles.
Start a new chapter. A completed sale resets the firm for its new owner, who activates it and chooses their own lineup.
Support the reward pool. A seller-paid royalty of 6.7% comes out of the sale price and follows the reward split shown below.

Collected ETH fees support rewards and the treasury. Activation and $BORK trade fees follow the token burn and treasury split.

How the BorkVault works

The Vault holds a balance of $BORK called its backing. Divide that backing by the number of minted Borks outside its inventory to get book value per Bork, shown as NAV in the app. The Vault uses this value to calculate buy and sell quotes.

Sell a Bork: receive NAV minus a 2.5% $BORK fee. There is no ETH trading fee on this path.
Buy the next Bork in line: pay NAV plus a 2.5% backing premium, a 2% $BORK fee, and an ETH fee at the 4.5% rate.
Choose a specific Bork: the ETH fee rate is 7%, with the same $BORK price and fee. This option lets you select a particular Bork from inventory.

Following book value

Each mint adds its share of backing. Buy premiums and backing top-ups can increase NAV per Bork, while backing stays dedicated to Vault trades. This makes NAV non-decreasing in $BORK units.

Book value is the basis of the Vault's quotes, not a market-price floor. Its ETH or dollar equivalent moves with $BORK and can fall. The app reads current quotes from the Vault when you trade.

From the Vault to your firm

A Bork bought from the Vault is ready for its new owner to activate. Borks held in Vault inventory sit out the game. When you sell into the Vault, your firm closes and any outstanding ETH rewards are paid to you with the sale.

Vault selling opens after the post-mint waiting period and can be paused during an emergency. Available inventory determines which Borks you can buy.